Employment, Economic Transformation and Recovery Program (ETER)

ETER is a results-oriented program designed to support Senegal’s post-COVID economic recovery by improving the competitiveness of priority value chains, accelerating technology adoption by SMEs, facilitating access to finance through risk-sharing and guarantee instruments, and preparing public-private partnership (PPP) projects to mobilize private investment. The intervention strategy combines institutional reforms (Competitiveness Task Force), targeted subsidies (technology adoption), financial instruments (guarantees, co-investments), and support for structuring PPPs to generate private investment and job creation. The program, initially scheduled to end in 2025, has been extended beyond its original date following additional funding and a strategic realignment of its operational objectives (particularly focusing on expanding support for MSMEs and consolidating employment impacts).

Improving Competitiveness: Strengthen the competitiveness of value chains selected by the Task Force (action plans, reforms, and investments) to boost productivity and exports. Facilitating Access to Finance: Establish risk-sharing mechanisms, guarantees, and long-term instruments to address financing constraints for MSMEs. Accelerating Productivity and Technology Adoption: Subsidize the adoption of technologies by SMEs to increase productivity and quality. Developing Public-Private Partnerships (PPPs): Prepare and structure PPPs through a preparation fund to attract private investment in priority infrastructure and economic projects.